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halalmoney
halalmoney@stacker.news
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Freedom. Justice. #Bitcoin https://stacker.news/r/halalmoney
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halalmoney 1 month ago
Before planting the seeds of the Bitcoin circular economy, clear the fiat weeds. Lower debt. Don't buy junk.
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halalmoney 1 month ago
validate. pentagon audit failure Perplexity: The Pentagon has repeatedly failed its full, department‑wide financial audits, most recently for the eighth year in a row, so yes—“Pentagon audit failure” is a real and well‑documented issue.[1][3][4] ## What “failed audit” means - Independent auditors have been unable to issue a clean (unmodified) opinion on the Department of Defense’s consolidated financial statements; instead, they issue a “disclaimer of opinion” because they cannot obtain sufficient reliable evidence to verify the records.[2][3] - This does not necessarily mean auditors found large, specific frauds, but that the systems, documentation, and controls are too weak to prove where all the money goes or to fully account for all assets and liabilities.[2][6] ## Current status and history - Since full department‑wide audits began in 2018, the Pentagon has failed every year, making it the only major U.S. federal agency that has never received a clean audit opinion.[2][6] - In the latest audit (FY2025), auditors identified 26 “material weaknesses” and additional significant deficiencies, and the department again restated a target of around 2028 to finally achieve a clean audit.[1][3][7] ## Examples of problems found - Auditors have cited missing or incomplete documentation, inaccurate or unverified inventory records (including inability to properly account for large shares of physical assets), and inconsistent data across hundreds of legacy IT and accounting systems.[2][5][6] - One recent example is the F‑35 Joint Strike Fighter program’s global spares pool, where assets were omitted or not properly recorded, causing a material misstatement in the department‑wide financial statements.[1][3] ## Why this matters - Persistent audit failures highlight weak financial management, limited transparency, and vulnerabilities in internal controls for an organization with a budget in the high hundreds of billions of dollars annually and trillions in reported assets and liabilities.[3][6] - Policymakers and oversight groups argue that without auditable books, it is harder to ensure efficient spending, detect waste, and prioritize resources within the defense budget.[5][8] Citations: [1] Pentagon fails (another) audit, restates 2028 goal to finally ... [2] Why does the Pentagon fail it's audits every year? [3] Pentagon fails financial audit for 8th year in a row [4] Fact Check: Has the Pentagon failed its 7th audit in a row? [5] Why Can't the Pentagon Pass An Audit? [6] Decoding the Pentagon's ongoing audit deficiencies [7] Pentagon Fails Eighth Audit, Eyes 2028 Turnaround [8] Fixing the DOD's Audit Problem [9] Pentagon says it fails eighth audit, targets 2028 to pass https://www.reuters.com/world/us/pentagon-fails-eighth-audit-targets-2028-pass-pentagon-says-2025-12-19/ [10] The Pentagon Doesn't Know Where Its Money Goes
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halalmoney 1 month ago
*The future we’re building here isn’t promised. It’s earned daily through code, collaboration, and commitment to principles over profit.* View quoted note →
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halalmoney 1 month ago
The emphasis on physical fitness is a lasting benefit of Bitcoin culture - even if Bitcoin itself fails. *Physical fitness is political. It’s part of the stack* View quoted note →
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halalmoney 1 month ago
*When algorithms decide what we see, when monetary policy decides what we can save, when platforms decide what we can say, are we really free? Or are we operating within an illusion of choice?* View quoted note →
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halalmoney 1 month ago
To preserve the fiat system, the lizard people will engineer periodic shocks to trigger a dash to cash.
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halalmoney 1 month ago
*The EU’s landmark carbon border tax will come into force on January 1 despite fierce opposition from trading partners and warnings from European industry that it will increase costs and red tape. The carbon border adjustment mechanism (CBAM), which covers six sectors including steel, cement, aluminium and electricity, is intended to prevent EU companies that have to pay for their emissions being undercut by cheaper, more heavily polluting competition.*
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halalmoney 1 month ago
*The Great Recession cost America the value of two years of economic output, known as Gross Domestic Product, according to Prof. Alexander J, Field of Santa Clara University’s business school.... Ponder Prof. Field’s assessment for a moment – two years of all the economic activity of economic everyone in America down the drain, tens of millions of people wiped out financially with many yet to recoup, while instead of being prosecuted, or at least fired, the top bankers remain in power, their gigantic pay packages growing larger each year. Henry calls these cash infusions “bankster socialism.” Henry is referring to the de facto policy of letting banks reap outsized profits when their speculative bets win big and shoving the losses onto the rest of us when they sour.* View quoted note →
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halalmoney 1 month ago
*JPMorgan Chase & Co. ...is of particular concern because in mandatory disclosures... the company revealed it is on the hook to deliver more than 5,900 tons of silver it doesn’t have. Tradeable silver is relatively scarce right now, government data shows.* View quoted note →
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halalmoney 1 month ago
*Hardware is ahead of software, but hardware reliability severely limits software iteration speed.* @DrJimFan x.com
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halalmoney 1 month ago
Give them bread and circuses.... *This wasn't about protecting animals. It was about controlling protein access. A population fed on grain is weaker, more compliant, easier to manage.* View quoted note →
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halalmoney 1 month ago
*There's no good reason to have all the major apps work the same on that, it just makes nostr easier for the authorities to manipulate* View quoted note →